Bangor Savings Bank Raises Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Bangor Savings Bank boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,797 shares of the company’s stock after purchasing an additional 2,105 shares during the quarter. Bangor Savings Bank’s holdings in Schwab US Dividend Equity ETF were worth $2,817,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Congress Wealth Management LLC DE bought a new position in shares of Schwab US Dividend Equity ETF in the first quarter worth approximately $5,893,000. Theory Financial LLC raised its position in shares of Schwab US Dividend Equity ETF by 2.8% during the 1st quarter. Theory Financial LLC now owns 47,815 shares of the company’s stock valued at $3,498,000 after buying an additional 1,318 shares in the last quarter. Belpointe Asset Management LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 27.2% during the 1st quarter. Belpointe Asset Management LLC now owns 64,718 shares of the company’s stock worth $4,735,000 after acquiring an additional 13,825 shares during the last quarter. SouthState Corp purchased a new position in Schwab US Dividend Equity ETF in the fourth quarter worth $157,000. Finally, Larson Financial Group LLC increased its stake in Schwab US Dividend Equity ETF by 28.3% in the first quarter. Larson Financial Group LLC now owns 1,774 shares of the company’s stock valued at $130,000 after acquiring an additional 391 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD traded down $0.23 during trading hours on Friday, reaching $74.11. 480,861 shares of the stock traded hands, compared to its average volume of 3,125,781. The stock has a 50 day simple moving average of $74.08 and a two-hundred day simple moving average of $72.70. Schwab US Dividend Equity ETF has a 1 year low of $65.96 and a 1 year high of $79.49. The company has a market cap of $48.78 billion, a price-to-earnings ratio of 14.38 and a beta of 0.88.

Schwab US Dividend Equity ETF Company Profile

The Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index, a market-cap-weighted index of 100 dividend-paying US equities. SCHD was launched on Oct 20, 2011 and is managed by Schwab.